Citigroup to Pay $7 Billion in Settlement Over Mortgage Securities

Citigroup (C) has agreed to pay $7 billion to settle investigations into its sale of mortgage securities leading up to the financial crisis. Citi will pay $4.5 billion in fines, $2.5 billion of that will be designated to aid struggling consumers. T

http://www.11alive.com/video/3674426738001/1/Citigroup-to-Pay-7-Billion-in-Settlement-Over-Mortgage-Securitieshttp://cdn.newslook.com/9f/9f24886c67ad590676e0c10c75af2a40/images/frame_ext.jpgCitigroup to Pay $7 Billion in Settlement Over Mortgage SecuritiesCitigroup (C) has agreed to pay $7 billion to settle investigations into its sale of mortgage securities leading up to the financial crisis. Citi will pay $4.5 billion in fines, $2.5 billion of that will be designated to aid struggling consumers. TtheStreet.comBrittany UmarTSCMNew YorkCitigroupincFinanceyoutubeYahoo!newslookUnited States of Americajpmorgan01:00